What is rakeback?

Rakeback Explained

Now that we've covered
rake we're going to
explain what a rakeback deal, while self-explanatory there are some
finer details worth noting. Rakeback deals are a return or rebate from
the rake you pay playing poker. Usually a rakeback deal will take the
form of a flat rate return that's paid out on daily, weekly and monthly
basis. The size of the rakeback deal, when it's paid and how it's
calculated will differ with each poker room.

If you play online poker and don't have rakeback on your poker site, we
recommend using our calculator
to see just how much money you're missing out on. Online poker games are
much tougher to beat nowadays, this is partly due to plethora of
educational material freely available. This has led to diminshing win
rates across the board for most players, in laymens terms, the games
have less earning potential. Rakeback can help plug the gap in earning
potential. It can literally transform a small losing player or breakeven
player into a winner, that's the enormity of the effect rakeback can
have on your bottom line.

Generally players can only sign up for rakeback through an approved
affiliate, affiliates act as agents for poker rooms, as an agent
rakeback providers are almost like an extension of poker operators
marketing marketing departments. As money is saved through advertising
and marketing, poker rooms pass these savings on to the affiliate to
redistribute to players. Rakeback deals are only viable for poker rooms
when they bear no cost per individual new player acquisition, hence why
they are not offered directly by most operators.

We get many queries in relation to the size rakeback deals and if it's
possible to earn more than what's advertised. While the default payout
on a standard deal might be 30%, some poker rooms don't deduct bonuses
from your earnings, in addition to this they also allow you to
participate in their promotions such as rakeraces. If you're smart about
it and take advantage of all the promotions that your eligible for, you
can bonus hunt and consistently reap rewards of anywhere between 30-55%.